by - March 3, 2020 3:44 pm
Natural gas storage to hit record level by November
Natural gas inventories in the lower 48 states are expected to be 1.93 trillion cubic feet as of March 31, which is the end of the winter heating season, according…
Energy
by - February 27, 2020 3:44 pm
Entegrity to build $1 million solar project in Prairie Grove
Little Rock-based Entegrity, an energy services, sustainability and solar development company, is developing a nearly $1 million solar project for the city of Prairie Grove. The project will include two…
by - February 27, 2020 3:43 pm
Net income up, revenue down in 2019 for OGE Energy Corp.
Oklahoma City-based OGE Energy Corp. posted 2019 net income of $433.6 million, up 1.9% from 2018. Revenue for the utility provider was down 1.6%. OGE Energy Corp. is the parent…
by - February 27, 2020 3:26 pm
Powering Arkansas’ economy
The advanced energy economy is an increasingly important economic driver in Arkansas, with innovation, declining costs and favorable policies helping to drive the deployment of advanced energy solutions. The state…
by - February 26, 2020 10:52 am
Energy intensity to continue to fall through 2050
U.S. energy consumption is expected to rise slower than GDP through 2050 as energy intensity continues to fall, according to the U.S. Energy Information Administration (EIA). The projection was part…
by - February 25, 2020 10:43 am
SWEPCO to spend $1.01 billion to add 810 megawatts of wind energy
A proposal in front of regulatory bodies in three states would allow electricity utility Southwestern Electric Power Co. (SWEPCO) to purchase more than half of the wind energy from three…
by - February 25, 2020 10:03 am
Arkansas Innovation Hub, Scenic Hill Solar partner on solar power project
The Arkansas Regional Innovation Hub and Scenic Hill Solar are partnering to build a solar power plant to provide electricity to the Innovation Hub in downtown North Little Rock. Financial…
by - February 23, 2020 11:20 am
Lawson reflects on nearly 40 years in oil and gas business
Randy Lawson, a longtime Bentonville oil and gas man, started his career like most in the energy industry — a landman, acquiring mineral rights from landowners. Nearly 40 years later,…
by - February 19, 2020 1:41 pm
UA receives $1 million donation from American Electric Power Foundation
The charitable arm of electric utility American Electric Power (AEP) has donated $1 million to the University of Arkansas in Fayetteville. The gift from the AEP Foundation will support students…
by - February 19, 2020 9:56 am
City Electric Supply opens 2 stores in Arkansas, plans for more locations
Dallas-based electrical wholesale distributor City Electric Supply recently announced it has opened stores in Jonesboro and Alexander and has plans to open other locations in Arkansas. The 6,600-square-foot Jonesboro store is at…
by - February 18, 2020 12:16 pm
Solar Access Act spurs new renewable energy projects statewide
As the nation’s share of monthly electricity generation from renewable sources exceeded coal-fired generation for the first time in 2019, the Arkansas General Assembly passed “game-changing” legislation that put the…
by - February 17, 2020 12:30 pm
Top 5 Arkansas business stories of the decade
Arkansas’ economy was a tad wobbly entering the 2010 decade. The Great Recession continued to be a little too great, with the state’s jobless rate at 8.2% in January 2010…
by - February 14, 2020 10:03 am
Natural gas prices fall, warmer winter affects demand
Natural gas prices have been at their lowest levels in decades, according to the U.S. Energy Information Administration (EIA). On Feb. 10, the near-month natural gas futures price at the…
by - February 11, 2020 5:06 pm
Coronavirus disrupts freight, price of oil; U.S. impacts could be ‘substantial’
While the death toll and number of new cases related to the coronavirus continues to rise in China, the impact of the respiratory illness has expanded into the U.S. energy,…
by - February 10, 2020 4:11 pm
Biodiesel tax credit extended through 2022
The federal spending bill approved in late 2019 included provisions to reinstate the $1 per gallon biodiesel mixture credit, which is commonly referred to as the biodiesel tax credit, according…
by - February 4, 2020 2:39 pm
Oil, gas production rises as number of wells falls
The total number of wells producing crude oil and natural gas in the United States declined to 982,000 in 2018, while production rose, according to the U.S. Energy Information Administration…
by - January 30, 2020 9:01 am
Murphy Oil posts full year profits of $1.1 billion as transformation continues
Despite a fourth quarter loss driven by a mark-to-market loss and the extinguishment of debt, Murphy Oil finished 2019 with a $1.1 billion profit as it repositions itself as a…
by - January 29, 2020 9:31 pm
Fuel price spikes bounce Murphy USA earnings
Revenue and profits slipped slightly for Murphy USA Inc. as fuel price spikes altered the company’s profit margins. The El Dorado-based gas and convenience store operator reported earnings for the…
by - January 29, 2020 12:16 pm
U.S. to remain net energy exporter through 2050
The United States is expected to continue to be a net exporter of energy through 2050 as energy consumption grows at a slower rate than energy production, according to new…
by - January 28, 2020 12:28 pm
Southwest Power Pool names new board member, chief operating officer
Little Rock-based regional transmission organization Southwest Power Pool selected Lanny Nickell as its executive vice president and chief operating officer and elected Bronwen Bastone of New York City to the…